- Retail earnings season is heating up. Investors looking for easy and diversified exposure can consider XRT, an equal-weight collection of 108 stocks across 10 industries.
- Past criticisms of mine included too many speculative and overvalued growth stocks in an uncertain environment. I'll offer up a fundamental and technical dashboard of metrics by industry for consideration.
- I'll also evaluate the mood on Wall Street, examine trends in U.S. retail sales, and show you where the biggest risks are. My recommendation is to not buy XRT today.
- Instead, I'll offer a more attractive but lesser-known alternative. This ETF trades at the same valuation as XRT, is better diversified, and has much superior growth potential.
For further details see:
SPDR S&P Retail ETF: Sell It This Earnings Season And Buy This Stronger ETF Instead